J.P. Morgan Chase and PayPal mobile payments deal announced

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Two giants in the payments industry are now working together – as well as competing – under a new agreement. J.P. Morgan Chase and PayPal mobile payments – two companies among the highest profile firms in mobile wallets – have announced a new partnership within their continuing competition. They have now developed terms for a new deal that they announced at the end of last week. This agreement expands the Chase Pay mobile wallet service reach from J.P. Morgan Chase. The Chase Pay service is a form of mobile wallet…

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PayPal mobile wallet go head to head with Amazon in massive market

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The digital payment platform has applied for its license to operate within the Indian marketplace. PayPal mobile wallet will soon be available to Indian consumers and merchants as the global online payments giant applies for its license to operate in the country. This follows closely on the heels of Amazon’s similar entry into that massive market. The American company has applied to the country for a prepaid payment instrument (PPI). This would place PayPal mobile wallet in a market where these types of payments are suddenly taking off. It is…

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PayPal is looking to mobile payments to continue its revenue growth

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The online transaction company was able to experience a massive spike in revenue in the last quarter of 2015. During the last quarter of last year, PayPal was able to create an increase in its revenues by 21 percent, bringing them to $2.6 billion, much of which was generated by the adoption of mobile payments in a number of different forms. Revenues are also believed to have been boosted at PayPal through its acquisition of Xoom, the remittance firm. The acquisition closed during the fourth quarter and PayPal has said…

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PayPal mobile payments roll out at Shell UK gas stations

Paypal mobile payments

Drivers will now be able to use their smartphones to pay when they fuel up at the pump. Drivers stopping at Shell UK service stations to fuel up will now be able to use mobile payments at the pump using their PayPal account in combination with the Shell Motorist app. Earlier this year, Shell said it would implement the service at the “vast majority” of its locations. In that statement, it said that the mobile payments service would roll out across most of its 1,000 stations throughout the United Kingdom.…

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PayPal is trying to make e-commerce easier

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Mobile service from PayPal app is coming to the web PayPal is bringing one of the most popular features of its mobile app to the web. Those using the PayPal mobile app have the ability to make “one-touch” payments, no matter what kind of mobile device they are using. This feature means that people only have to log-in to their PayPal account in order to make a transaction, even if they are making use of different applications at the time. This has become a well favored feature among consumers. One-touch…

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